News: Brokerage

Vivian of Largo Capital arranges $8.5 million permanent first mortgage

Crystal River, FL Katie Vivian of Largo Capital, Inc. successfully arranged an $8.5 million permanent first mortgage to facilitate the acquisition of a 75-key Holiday Inn Express.

Situated in a premier coastal tourism destination, the property benefits from strong year-round demand driven by boating, fishing, diving, and well-known eco-tourism attractions, including Crystal River’s renowned manatee experiences.

The financing features a competitive five-year term with interest-only payments, providing enhanced cash flow flexibility for the experienced, locally based sponsorship group. This transaction underscores Largo Capital’s commitment to delivering creative, relationship-driven capital solutions within the hospitality sector.
 

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